£387,111
This estimated value is based upon the latest sale price for the house of £249,999 on 5 Jun 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£249,999 | 5 Jun 2014 |
Semi-Detached |
Leasehold |
Floor Area: 199 sq meters or 2,142 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in June 2014 the House Price Index for LANCASHIRE was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £249,999 results in an estimated price of approximately £387,111.
5 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £249,999 | £137,112 | £387,111 |
The Postcode Pricing Model uses changes in average sales price within the BB4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 17.189 % | £42,973 | £292,972 |
3 Month Average | 46.713 % | £116,781 | £366,780 |
6 Month Average | 48.349 % | £120,873 | £370,872 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £50,780 | £50,000 | 1168 BURNLEY ROAD |
29 Sep 2023 | £194,283 | £190,000 | 1320 BURNLEY ROAD |
24 Aug 2023 | £106,929 | £105,000 | 1296 BURNLEY ROAD |
28 Apr 2023 | £142,668 | £140,000 | 1071 BURNLEY ROAD |
6 Apr 2023 | £168,145 | £165,000 | 1267 BURNLEY ROAD |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 5 Sep 2013. Using an estimated price of £387,112 means this house is valued at £1,945 per sq meter (£180 per sq foot).
The average size of a house on BURNLEY ROAD is 106 sq meters (1,146 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Park/Open Space | |
Jul 2024 | Vehicle crime | Under investigation | On or near Penny Bank Close |
Apr 2024 | Anti-social behaviour | On or near Oak Street | |
Apr 2024 | Anti-social behaviour | On or near Oak Street | |
Apr 2024 | Anti-social behaviour | On or near Oak Street |